The following topic outlines the steps involved in setting up and using accrual rules which permit employees to bank time (flex time) that can be later used for time off.
From the Project Assignments tab (in the Project Workspace section).
Create the task against which employees use banked time (e.g. Banked Time).
Assign this task to the Leave/Absences project and assign all applicable employees to this task. When using banked time, employees must select this task from the Leave/Absences project.
From the Leave/Absences view (in the Advanced section of the side navigation bar).
Select an existing rule or create a new Leave/Absence rule. (i.e. Flex Time rule)
Click the New
button near the bottom of the view.

Enter the details for the Accrual Rule in the appropriate boxes and check that 'Flex Time Only' is selected from the calculate drop-down list. (i.e. the picture above shows an accrual rule which accrues 1 hour for every 1 hour worked).
Click OK.
Click Save.
From the Project Assignments tab (in the Project Workspace section)
Select the employee from the Employee list pane on the right side of the screen.
Click the properties
button
on the employee list toolbar to display the employee
properties window.
Select the Additional tab at the bottom of the window.
Select the Leave/Absence rule used in Step 2 from the Leave/Absences rule drop-down list box. Skip this step if the Leave/Absence rule is already applied.
Click Done to
automatically save the information and close the window or use the Next Record button
(or
Previous) to browse to other employees. Clicking the Next (or Previous)
buttons automatically saves any changes made.
From the Overtime Rates view (in the Rates & Billing section of the side navigation bar).
Create a new overtime rule (ex. Flex time OT).
Enter a prorating of 0 for this overtime rate.
Click Save.
When banking time, the employee must select this Overtime rate.
From the Rates view (in the Rates & Billing section of the side navigation bar).
Select the rate which applies to the employee(s) who will be banking time.
From the Available
Overtime Rates list near the bottom of the screen, select the Flextime
overtime rate (Flex
time OT) and click the Add button
on
the right-hand side.
Click Save.
Apply this overtime rate to all other applicable
pay and charge out rates.
To accrue time, an employee can track time against any task, except the flex time task created in Step 1.
When tracking time, the employee must ensure to select the Overtime rate created in Step 4 (ex. Flextime OT).

Employees can view the time accrued by running the Vacation and Leave by Employee report. Only approved banked time is displayed in the report.
To use accrued time, an employee must enter time against the Leave/Absences project and the flex time task that was created in Step 1 (ex. Banked Time).
When using accrued banked time, an overtime rate does not have to be
selected.